Svenska Cellulosa (Sweden) Market Value

SCA-B Stock  SEK 145.70  1.25  0.87%   
Svenska Cellulosa's market value is the price at which a share of Svenska Cellulosa trades on a public exchange. It measures the collective expectations of Svenska Cellulosa Aktiebolaget investors about its performance. Svenska Cellulosa is selling for under 145.70 as of the 4th of December 2024; that is 0.87% up since the beginning of the trading day. The stock's lowest day price was 143.5.
With this module, you can estimate the performance of a buy and hold strategy of Svenska Cellulosa Aktiebolaget and determine expected loss or profit from investing in Svenska Cellulosa over a given investment horizon. Check out Svenska Cellulosa Correlation, Svenska Cellulosa Volatility and Svenska Cellulosa Alpha and Beta module to complement your research on Svenska Cellulosa.
Symbol

Please note, there is a significant difference between Svenska Cellulosa's value and its price as these two are different measures arrived at by different means. Investors typically determine if Svenska Cellulosa is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Svenska Cellulosa's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Svenska Cellulosa 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Svenska Cellulosa's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Svenska Cellulosa.
0.00
10/05/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/04/2024
0.00
If you would invest  0.00  in Svenska Cellulosa on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding Svenska Cellulosa Aktiebolaget or generate 0.0% return on investment in Svenska Cellulosa over 60 days. Svenska Cellulosa is related to or competes with Essity AB, AB SKF, Skanska AB, Sandvik AB, and Alfa Laval. Svenska Cellulosa Aktiebolaget SCA , a forest products company, develops, produces, and sells forest, wood, pulp, and pa... More

Svenska Cellulosa Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Svenska Cellulosa's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Svenska Cellulosa Aktiebolaget upside and downside potential and time the market with a certain degree of confidence.

Svenska Cellulosa Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Svenska Cellulosa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Svenska Cellulosa's standard deviation. In reality, there are many statistical measures that can use Svenska Cellulosa historical prices to predict the future Svenska Cellulosa's volatility.
Hype
Prediction
LowEstimatedHigh
144.01145.70147.39
Details
Intrinsic
Valuation
LowRealHigh
119.55121.24160.27
Details
Naive
Forecast
LowNextHigh
143.07144.76146.45
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
140.50142.27144.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Svenska Cellulosa. Your research has to be compared to or analyzed against Svenska Cellulosa's peers to derive any actionable benefits. When done correctly, Svenska Cellulosa's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Svenska Cellulosa.

Svenska Cellulosa Backtested Returns

Currently, Svenska Cellulosa Aktiebolaget is very steady. Svenska Cellulosa owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0445, which indicates the firm had a 0.0445% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Svenska Cellulosa Aktiebolaget, which you can use to evaluate the volatility of the company. Please validate Svenska Cellulosa's Semi Deviation of 1.38, coefficient of variation of 3098.73, and Risk Adjusted Performance of 0.0301 to confirm if the risk estimate we provide is consistent with the expected return of 0.0751%. Svenska Cellulosa has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.0754, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Svenska Cellulosa are expected to decrease at a much lower rate. During the bear market, Svenska Cellulosa is likely to outperform the market. Svenska Cellulosa right now has a risk of 1.69%. Please validate Svenska Cellulosa downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Svenska Cellulosa will be following its existing price patterns.

Auto-correlation

    
  0.24  

Weak predictability

Svenska Cellulosa Aktiebolaget has weak predictability. Overlapping area represents the amount of predictability between Svenska Cellulosa time series from 5th of October 2024 to 4th of November 2024 and 4th of November 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Svenska Cellulosa price movement. The serial correlation of 0.24 indicates that over 24.0% of current Svenska Cellulosa price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.11
Residual Average0.0
Price Variance4.3

Svenska Cellulosa lagged returns against current returns

Autocorrelation, which is Svenska Cellulosa stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Svenska Cellulosa's stock expected returns. We can calculate the autocorrelation of Svenska Cellulosa returns to help us make a trade decision. For example, suppose you find that Svenska Cellulosa has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Svenska Cellulosa regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Svenska Cellulosa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Svenska Cellulosa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Svenska Cellulosa stock over time.
   Current vs Lagged Prices   
       Timeline  

Svenska Cellulosa Lagged Returns

When evaluating Svenska Cellulosa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Svenska Cellulosa stock have on its future price. Svenska Cellulosa autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Svenska Cellulosa autocorrelation shows the relationship between Svenska Cellulosa stock current value and its past values and can show if there is a momentum factor associated with investing in Svenska Cellulosa Aktiebolaget.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Svenska Stock Analysis

When running Svenska Cellulosa's price analysis, check to measure Svenska Cellulosa's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Svenska Cellulosa is operating at the current time. Most of Svenska Cellulosa's value examination focuses on studying past and present price action to predict the probability of Svenska Cellulosa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Svenska Cellulosa's price. Additionally, you may evaluate how the addition of Svenska Cellulosa to your portfolios can decrease your overall portfolio volatility.